Canadian dollar vs us dollar

By Gordon Stein Special to the Star Sun., March 11, 2018 Toronto author Gordon Stein combined his mechanical engineering degree, his experience working in sales, marketing and operations, and a love of helping others to write the new book Cashflow Cookbook. Stein calls it “simple, fun and very approachable” — 60 financial “recipes” that, he says, can add up to $2 million in wealth if applied together over 10 years. But “you can skip parts of it — let’s say you don’t own a car, so you can just skip that section,” he says. “It’s like a cookbook as in you don’t have to read it cover to cover.” Stein said the recipe idea and the food puns were an influence from his mother, Thelma Barer-Stein, who died this past summer and published numerous books on food. Stein, from London, Ont., but who currently lives in Toronto, wanted his book to stand out among other financial help books, making it … [Read more...] about Travel bill tostada: A recipe from the Cashflow Cookbook

BSP traces Aug fall to other currencies weakening vs dollar Personal remittances by overseas Filipino workers (OFWs) fell in August, the first time since the central bank began releasing the relevant data. Funds coursed through banks or cash remittances also contracted and the Bangko Sentral ng Pilipinas (BSP) on Thursday said the declines were partly due to other currencies weakening against the US dollar. An analyst said the trend could continue given the currency weakness in key OFW markets. Measured in dollars, the amount of OFW remittances to the Philippines reached $2.26 billion in August, down 0.8 percent from the $2.28 billion recorded in the same month last year, the BSP reported. The central bank began reporting personal remittances data in 2012 and its readily available figures go back to 2010. “This was partly due to the depreciation of some currencies against the US dollar, particularly the euro, Canadian dollar, and Japanese yen, which reduced the dollar … [Read more...] about Remittances drop for 1st time

By Reuters Washington/New York– Boeing Co. has asked the US Commerce Department to investigate alleged subsidies and unfair pricing for Canadian planemaker Bombardier’s new CSeries airplane, adding to growing trade tensions between the United States and Canada. The petition against Canada’s new competitor to the Boeing 737 aircraft came just days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood lumber, saying that the product’s origin from public land amounted to an unfair government subsidy. On Wednesday, US President Donald Trump told Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto that he intended to begin renegotiating the 23-year-old North American Free Trade Agreement, after White House officials said Trump had been considering an order to withdraw from the pact. Boeing said in its petition that Bombardier, determined to win a key order from Delta Air Lines, Inc. after … [Read more...] about Boeing seeks anti-dumping vs Bombardier

Two Arizona brothers are positioned to make thousands of dollars after betting that Hatchimals, the robotic hatching toys, would become this year’s hottest gift of the holiday season. Mike and Stan Zappa spent $5,000 on 100 Hatchimals in early October, hoping to turn a profit reselling the toys to parents searching for the gift, CNN reported. A month and a half later, Hatchimals have established themselves as this year’s Tickle-Me-Elmo – a toy that kids across the US want and that parents are struggling to find. The brothers have sold 30 Hatchimals on eBay so far, recouping their $5,000. While the original retail price of the toys was $50, eBay says the average selling price is now $132, with a range from $81 to $196. At those prices, the Zappas could more than double their investment – and the brothers say they anticipate prices only getting higher as Christmas Day draws near. At that rate, the brothers could make $13,200 reselling the … [Read more...] about These brothers are going to make thousands of dollars after correctly predicting the hottest holiday toy